This is a non-reporting company and there is little to no regulation of the OTC Market crap or PR's filed. That is why Wayne is not in Jail. Again, it has been approved by the SEC to suspend reporting due to Form 15. https://www.sec.gov/divisions/corpfin/guidance/exchangeactrules-interps.htm Question 153.02 Question: A company’s obligation to file periodic reports was automatically suspended under Section 15(d) for fiscal year 2007 because the class of securities at issue was held by less than 300 record holders on the first day of the company’s fiscal year. Subsequently, on the first day of fiscal year 2010, the number of record holders exceeded 300, and as a result, the company’s obligation to file periodic reports under section 15(d) “revived.” What is the first report due for this company? Answer: The first report due will be a Form 10-K for the previous fiscal year (fiscal year 2009). This position is consistent with the “look back” provision of Rule 12h-3(e), which provides that a company that suspends its reporting obligation under Rule 12h-3, but subsequently has that reporting obligation “revived,” must begin reporting again under Section 15(d) by filing a Form 10-K for its previous fiscal year. Similarly, a company that must file a registration statement on Form 10 to register a class of securities under Section 12(g) must include financial statements for its previous fiscal year. [September 30, 2008] I wonder if UNGS reporting has been "revived". Why is the TA gagged? I wonder if the TA has been gagged for letting the cat out of the bag.